Crypto gaming startup Voya Games gets $5M for dinosaur-themed crafting sim
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Crypto gaming studio VOYA Video games has raised $5 million in funding in a spherical led by 1kx and Makers Fund, with RockawayX additionally investing.
Angel buyers Jeff Zirlin, who cofounded Sky Mavis, and Sebastien Borget, cofounder and COO of The SandBox, additionally participated within the spherical (Zirlin can also be a accomplice at 1kx).
“Our aim is to construct a token ecosystem the place video games are related via a shared participant financial system and tradition,” stated VOYA Video games CEO and founder Oliver Loffler.
The studio plans to make use of the funding to launch its upcoming recreation, Craft World, and arrange the corporate for its long-term objectives.
Craft World is billed as a “informal useful resource administration recreation” with NFT objects, the place people stay with dinosaurs after a meteor hit Earth. Gamers should farm for assets to construct buildings. The sport is presently in its testnet section, powered by an unspecified blockchain stack, and has seen over 100,000 downloads on Android already. VOYA says greater than 240,000 gamers have registered to date, and it has seen over 1.1 million testnet trades between gamers.
“They’re constructing a Web3 gaming ecosystem that prioritizes openness and possession, treating the sport world extra like a public good than a closed financial system,” stated the pseudonymous 1kx accomplice generally known as Peter Pan.
The sport makes use of Dyno Coin, a utility token gamers use to purchase NFT objects and craft. The workforce says it’s not supposed to be a speculative token, and it presently doesn’t seem on crypto exchanges.
A take a look at the pixelated aesthetic of Craft World.
Craft World is anticipated to totally launch by the top of this 12 months and can launch for iOS, Android, and on the net as a browser recreation.
VOYA Video games was based in 2023 and is tied to Offended Dynomites Lab, which launched two pixelated dinosaur NFT collections on Ethereum again in 2022. Loffler beforehand cofounded Kolibri Video games, a cell gaming studio with video games like Idle Miner Tycoon: Gold & Money, which has over 100 million downloads on Android alone. Kolibri was acquired by Ubisoft in 2020.
Cellular video games have continued to make up a good portion of the crypto gaming market. Game7 analysis discovered that cell video games made up 29% of recreation launches final 12 months, with a further 20% being Telegram video games (that are additionally primarily cell video games).
